JED OIL Inc (JDO)

[stocksablaze]

Another email from JED IR-->
Marcia Johnston to me
show details 12:37 PM (1 hour ago) Reply


Hello Chris,

As you now know from today’s news release, the Maturity Date of the JED notes has been extended again to permit the bank more time to complete the financing. That financing is still on the table. The proposed resolution for the AGM to approve the issuance of shares is purely speculative at this point – there is no agreement or terms set. Approval is being sought under the rules of the American Stock Exchange. As a “private placement” , if one occurs, the shares would not be offered for sale to the public.

Regards,
Marcia Johnston